May 25, 2023 Seller: City of Maricopa Buyer: Maricopa Land Acquisition I, LLC 3 Lots with 3 separate APV’s Combined Sale Price: $3,332,094 Total of 12.75 Acres ($261,340/ac) Seller Loan (Carryback) Speculation of Final Use but nothing Confirmed Speculation of Final Use but nothing Confirmed
Pinal County
SouthWestern Power Group Buys more Land in Pinal County
May 18, 2023 Seller: A. Tsakiris Family Limited Partnership Buyer: Red Stick Land Holdings, LLC Sale Price: $6,698,000 790 Acres ($8,478/ac) Entity is believed to be related to SouthWestern Power Group (SWPG) SWPG is an independent developer of utility-scale generation and transmission assets SWPG originally had the SunZia Project
Chemical Strategies, Inc. Expanding into CAZCP
May 5, 2023 Seller: Casa Grande 25 Investments, LLC Buyer: Williams and Meagher, LLC. Sale Price: $2,405,383 10.04 Acres ($239,580/ac) This sale leaves only 5 acres remaining out of 740-Acres in CAZCP Originally posted by John McGuire on Casa Grande Local Government & Economic Improvement Discussion FB Page https://www.bizjournals.com/phoenix/news/2023/05/25/chemical-strategies-semiconductor-arizona.html?csrc=6398&taid=646f5f623e1a2f0001dd030d&utm_campaign=trueAnthemTrendingContent&utm_medium=trueAnthem&utm_source=twitter
Slim Chickens Restaurant Coming to Maricopa!!!
May 15, 2023 Seller: CAPDEVL060, LLC Buyer: Slim Restaurant P9, LLC Sale Price: $615,000 1.22 Acres ($504,098/ac) Located in front of Walmart off of Maricopa-Casa Grande Highway Just Broke Ground https://www.inmaricopa.com/slim-chickens-restaurant-announces-location-fast-casual/
Apartments coming to Pinal Ave/Oneil Dr?
April 28, 2023 Seller: Abiana, LLC Buyer: Sterling Development Investments, LLC Sale Price: $2,850,000 9.03 Acres ($315,615/ac) Believed to used for Apartments Originally posted by John McGuire on Casa Grande Local Government & Economic Improvement Discussion FB Page
Nap Lawrence at it Again!!!
April 27, 2023 Seller: Wofford Farms Buyer: Nap Lawrence Sale Price: $2,400,000 All Cash 160 Acres ($15,000/ac)
Newlife Baptist Church sells “Coming Soon” Land off of McCartney Rd.
April 28, 2023 Seller: Newlife Baptist Church, Inc. Buyer: Fast Mart Food Store, LLC. Sale Price: $280,000 10 acres ($28,000/ac) Newlife Baptist Church recently purchased the old Crossroads Church on Piper Ave. Unknown of intention of the land off of McCartney Rd. for the new owner
IndiCap to Build 318-acre Industrial Park in Casa Grande
317.78-acre light industrial park near the NEC of Cottonwood Lane and Henness Road Nexus Industrial 162.54 acres at the site changed to Commerce and Business Commission will hold a second hearing May 4 IndiCap to Build 318-acre Industrial Park in Casa Grande
Casa Grande Mobile Home & RV Park Sells for $10 Million
April 18, 2023 Arizona Village Mobile Home & RV Park Seller: GL Arizona Village, LLC Buyer: Copperwood 4, LLC Sales Price: $10,100,000 27.05 Acres ($373,383/ac). Sale includes the Lot North of Park Buyer already owns Casa Grande RV Resorts and Cottages off of Rodeo and Pinal Ave.
New Land Purchase with a Certificate of Assured Water Supply!!!
April 11, 2023 Seller: Cottonwood & Thornton, LLC Buyer: JDM Group (Real Estate Development) Sale Price: $750,000 17.79 Acres ($42,159/ac) Already has it’s CAWS Previous owner had planned on building Manufactured Homes on this piece New owners planning on Single Family Development or Commercial???
New brewery, retail project could give needed boost to downtown Casa Grande
April 14, 2023 “The Terminal Station” $1 Million Dollar Project 20,658 square feet 1st quarter of 2024 is the target move in date https://www.bizjournals.com/phoenix/news/2023/04/14/nk-development-casa-grande-arizona.html?utm_source=st&utm_medium=en&utm_campaign=me&utm_content=PH&utm_term=phoenix_morning_call
Land South of Coolidge sells….Renewable Energy Project???
April 7, 2023 Seller: Acceptance and Delivery Inc. Buyer: Red Stick Land Holdings, LLC Sale Price: $1,350,000 110 Acres ($12,273/ac) Entity is believed to be related to SouthWestern Power Group (SWPG) SWPG is an independent developer of utility-scale generation and transmission assets SWPG originally had the SunZia Project
Eloy Land Sells for $2.1 Million
April 4, 2023 Seller: Multiple Buyer: Vista De Picacho LLC Sale Price: $2,120,000 106 Acres ($19,878/ac) Vista De Picacho business type is Real Estate and Rental and Leasing
NorthWest Land Sale
March 28, 2023 Seller: Jacor, LLC Buyer: CLB Partners, LLC Sale Price: $2,191,466 160 Acres ($13,697/ac) Unknown what the End Use will be
792 Acres of Solar
March 24, 2023 Seller: Pinal Land Holdings, LLC Buyer: Boulevard Associates, LLC Sale Price: $15,840,000 792 Acres ($20,000/ac) Believed that the end user is NextEra Energy
Kortsen/Peart Land Sale…Twice
March 24, 2023 Trinity Lutheran Church of Casa Grande sold to JNL Arizona Properties Sale Price: $1,000,000 for 10 acres ($100,000/ac) JNL Arizona Properties then sold to Toy Storage of Casa Grande Sale Price: $3,528,052 ($352,805/ac) Reason for the Dramatic Increase??? Development/Infrastructure Contributions????
Here’s how Pinal County could shape up over the next decade
Future focus on office, health care development By 2030, Pinal County is expected to grow by another 130,000 people focus on bringing office development, health care and tourism and entertainment options https://www.bizjournals.com/phoenix/news/2023/03/23/pinal-county-arizona-industrial-growth-next-decade.html?utm_source=st&utm_medium=en&utm_campaign=ae&utm_content=PH&j=3093 9522&senddate=2023-03-23
40 Acres next to Lucid Sells for $6.5 Million
* March 15, 2023 * Seller: Doug Keeling * Buyers: Ashland Group, Greenfield CP and Lake Worth Site Development * Sold for $6,500,000 * 40 acres ($162,500/ac), farmland * Land is currently in county but believed to be in the process of annexation * End use unknown, but at $3.73/sf for basically raw (unimproved) land, this […]
Verma Massive Land Purchase
* March 13, 2023 * Buyer: Anita Verma * Sold for $1,482,681 * 1,186 acres ($1,250/ac) * Possible Use: SOLAR? * Red Rock
New lithium-ion battery recycling plant planned for Pinal County
* The company announced that the new facility will be located in Casa Grande and is Ecobat’s third lithium-ion battery recycling facility. * bring 60 new jobs to the area. * Operations are expected to start in the third quarter of 2023. * Ecobat said it will repurpose lithium-ion batteries that are reaching the end […]
108ac S of CASA GRANDE
January 12, 2023 107.69ac @ SWC Peart & Earley Rds, Casa Grande $5,384.500 or $50,000/ac, $1,800,000 (33%) cash down payment Intent of buyer PEART & EARLEY SWC 107 LLC unknown
PROCTER & GAMBLE CHOOSES IPAZ IN COOLIDGE
January 11, 2023 427.46ac .25 miles E of SEC Hwy 87 & Arica Rd $53,432,500 ($125,000/ac) or $2.87/sf cash Buyer intends to build a consumer products plant on site
Nikola moving battery manufacturing from California to its Pinal County plant
Move will Transfer operations from Cypress, CA to Coolidge Objective is to bring truck assembly, fuel cell power module assembly, and battery module and pack production under one roof “Battery Center of Excellence” https://www.bizjournals.com/phoenix/news/2023/01/13/nikola-moving-battery-manufacturing-to-arizona.html?ana=emailafriend
LAND FOR NEW ORSTED SOLAR FARM AROUND 11 MILE CORNER CLOSES IN MASSIVE $36MM DEAL
January 8 (80ac) and January 9, 2023 (1,432ac and 80ac) Farmland and gin site generally around NEC and SWC 11 Mile Corner Rd and Hwy 287 80ac gin site (#1 in blue on map) closed for $2,835,000 or $35,052 (gross) per acre cash 1,432ac (#s 2 in red on map) closed for $31,507,960 or $22,000/ac cash 80ac […]
LOTS FOR NEW APARTMENTS CLOSE
In two separate transactions, the land underlying the new ROERS CASA GRANDE APARTMENTS development (***thanks for image to John McGuire’s Casa Grande Local Government & Economic Improvement Discussion Facebook Page) 2022-126429: 7.3ac N of NWC Trekell Rd & Jimmie Kerr $1,099,236 or $3.36/sf cash 2022-126430: 3.34ac (2 parcels) $428,550 or $2.96/sf cash Blended parcel of 10.64ac […]
New industrial park proposed for Pinal County city of Eloy
50-acre site in Eloy Support the growing manufacturing base in Pinal County and companies like Lucid Motors, Nikola Corp., Kohler Co. and Procter & Gamble construction by the fourth quarter of 2023 Pinal County’s lower costs, workforce, housing and education options have continued to draw more companies to locate south of the Phoenix metro as […]
OPUS LANDS @ I8 / I10
December 22, 2022 21.8ac NWC Hanna & Sunland Gin Rds $4,746,580 or $5/sf cash Seems that buyer is intending “spec” industrial space; site construction fencing is being erected immediately
Industrial expected to drive Phoenix-area economic development announcements in 2023
Nice article recapping some of the larger projects announced in 2022 as well as some observations of what’s to come in 2023 and beyond. * Lucid Motor’s plans to build out it’s campus * TSMC * P&G https://www.bizjournals.com/phoenix/news/2022/12/21/phoenix-arizona-industrial-economic-development.html?ana=emailafriend
THINGS ARE GETTING PRICEY $$$
December 15, 2022 156.92ac @ SWC Arizona Farms and Felix Rds $15,692,000 or $100,000/ac or $2.30/sf cash Seller is Stacey Brimhall Buyer intent unknown, but at a price like that, some kind of development better be ready to happen
INDUSTRIAL LAND IN WEST CASA GRANDE IS KINDA HOT …
… and one of the few remaining lots in the City’s original industrial park just closed November 30, 2022 4.94ac just east of HEXCEL on Gila Bend Hwy / Hwy 84 $865,000 or $4.02/sf cash Seller was local media company owner family (Kramer) Parcel presumably has all utilities to site, and existing industrial zoning in place Buyer was […]
Here’s How Giant Semiconductor Plant Rising in North Phoenix Will Shape Arizona’s Economy
Outside metro Phoenix, a cluster of industry suppliers has grown in Pinal County. Plant expected to bring more than 2,000 jobs, and then some Semiconductors were invented in the U.S., and the domestic industry seeks to regain leadership in the production of the most advanced chips. “TSMC and their decision to come to Arizona is […]
Master-planned community with homes, apartments proposed for Pinal County
The site totals about 761 acres located in the northern part of the county at the southwest corner of Arizona Farms and Felix roads. Pinal County vote on project expected in December About 40 acres of the site would also be designated for commercial uses https://www.bizjournals.com/phoenix/news/2022/11/30/arizona-el-dorado-holdings-homes-pinal-county.html?ana=emailafriend
LARGE LAND SALE IN ELOY
November 23, 2022 601.13ac raw land (from Assessor records) generally south of Selma Hwy and west of 11 MIle Corner Rd $11,849400 or $19,712/ac cash Buyer is a solar energy farm developer NOTE: This APV is a total mess – various representations on P1 are not factual, but the associated deed was used for actual parcels […]
TALK ABOUT “BACK O’BEYOND”! (VERMA STRIKES AGAIN)
November 21, 2022 480ac straddling Toltec Hwy, almost as far south as Pinal County goes – 5.5 miles south of Greene Reservoir Rd $2,376,000 or $4,950/ac cash CRAZY pricing! $5k/ac in an area where Verma has bought land recently (blue lines) for about $1k/ac?!!! Must be some other aspect of the deal as yet unreported
PRIME COMMERCIAL LAND ON FLORENCE BLVD SELLS
November 16, 2022 .9931ac between Auto Zone and CVS $820,171 or $18.96/sf cash Buyer and seller are related; parcel is one of four owned by seller split from larger parcel Price seems high for unimproved lot without physical access; unknown what site improvements were included in this sale or internal price determination between buyer/seller Buyer intention unknown
Procter & Gamble unveils plans for $500 million manufacturing facility in Arizona
2,700-acre Inland Port Arizona in Coolidge 2 Million square foot Facility Expected to operational by 2025 Expected to create 500 jobs in Coolidge
CHIP-MAKING JUGGERNAUT TSMC EYES MULTIBILLION-DOLLAR ARIZONA FACTORY EXPANSION
While this semiconductor plant is planned for north of Phoenix, it will sure have a big impact on the semiconductor chemical facilities coming into Pinal County. “TSMC’s new facility would manufacture so-called 3-nanometer transistors, some of the tiniest and most lightning-fast currently possible, the people said.” https://www.wsj.com/articles/chip-making-juggernaut-tsmc-eyes-multibillion-dollar-arizona-factory-expansion-11667973859
Public hearing and consideration of a request by Mesa Cobre Holding Corporation for a Temporary Use Permit (DSA-22-00200)
Mesa Cobre proposes to conduct mineral exploration drilling activities within a 7,000-acre area in the City Mineral exploration drilling activities located north of West Gila Bend Hwy., south of Maricopa/Casa Grande Hwy., east of North Indian Valley Rd. and west of Bianco Rd. Mesa Cobre Holding Corporation on behalf of Ivanhoe Electric Requests authorization from […]
INDUSTRIAL ACREAGE NEAR WALMART DC CLOSES
October14, 2022 Approx 67ac (estimate) north of Peters, west of Florence St $8,544,969 or approx $2.92/sf cash 3 Building Approved Project (1 building will be the manufacturing facility for SouthWark Metal Fabrication, the other 2 buildings will be industral Bluestem Commerce Center, Phase 1
SHOPE’S IGA COOLIDGE BUILDING SELLS
October 17, 2022 16,177sf building on 4.81ac $2,400,000 Tom Shope is just retiring Buyer Tee Jay Fuels intention unknown but may add fuel pumps
LAND FOR ANOTHER BUILD-TO-RENT COMMUNITY IN CASA GRANDE CLOSES
October 13, 2022 17.6785ac S of SWC Florence Blvd & Henness Rd $4,705,488 or $6.11/sf cash Buyer is entity related to CAVAN, a developer with other Build-to-Rent communities in Casa Grande
RENOVATED OLD CASA GRANDE DOWNTOWN BUILDING SELLS
October 7, 2022 3,713sf @ 117 N Sacaton St $350,000 cash or $94/sf cash Commercial Building sold in Casa Grande Downtown Downtown Revitalization TEASER: More Commercial Activity set to close near Downtown, more to come!!!
MONSTER LAND DEAL SOUTH OF COOLIDGE
October 11, 2022 Approx 1,137.73ac (PCA records) generally south of Martin Rd, west of Hwy 87 $22,200,000 or about $19,500/ac cash Buyer is entity of well-known land investors Cardon and Lesueur families Buyer intention unknown
Pinal County City Approves Rezoning for Proposed Medical and Innovation Campus
Pinal County City Approves Rezoning for Proposed Medical and Innovation Campus
Strong Economic Growth Ensures Arizona in 2023 to Have Nation’s Lowest Flat Tax
Strong Economic Growth Ensures Arizona in 2023 to Have Nation’s Lowest Flat Tax
CASA GRANDE COMMERCIAL (MEDICAL?) LOT SELLS CHEAP
September 30, 2022 2.5ac in MONUMENT VILLAGE, an “old” commercial lot subdivision that started primarily as a medical office area, but now includes a Social Security Admin office, which is a converted medical office $212,000 or $1.95/sf cash Principal of buyer entity Rajneesh Punnakkattu is a Casa Grande-area pulmonologist, so purchase is believed to be for new […]
U-HAUL (AMERCO) BUYS 10ac IN MARICOPA AT EYE-POPPING PRICE
September 26, 2022 10.03 (PC Assessor) @ Honey Cutt Rd & Scarlett Dr $4,860,000 or about $11.24/sf cash
PREVIOUS GOLDEN EAGLE DISTR HQ SOLD AGAIN
September 22, 2022 49,904sf (building) on 9.57ac @ 1000 N Jefferson St, Casa Grande $4,500,000 or $90/sf cash No information on Buyer intention for the property
BRIMHALL UNLOADS 111ac COOLIDGE FARMLAND TRACT FOR SOLAR
September 22, 2022 111ac @ SWC Randolph & Fast Track Rds, generally east of Stinger Welding $1,955,796 or $17,620/ac cash Parcels fit into a larger tract already owned by buyer RANDOLPH SOLAR PARK LLC
MULTI-FAMILY DIRT IN MARICOPA CLOSES @ $7.50/sf
September 21, 2022 12.71ac adjacent to the south of GLENNWILDE, on Alan Stephens Pkwy $4,152,195 or $7.50/sf cash Buyer reportedly intends to build apartments
SOUTHWARK METAL MANUFACTURING COMPANY BUYS IN CG
June 24, 2022 96.85ac $1,893,773 or 45¢/sf cash looks like a steal! Buyer SOUTHWARK METALS looks like a user but intention unknown
20ac IN CASA GRANDE BUSINESS PARK III
Looks like another land sale for a user. May 20, 2022 20.22ac (4 lots) $2,613,600 or $2.97/sf Buyer intention unknown
SMALL AZ CITY MULTI-FAMILY LOT ASSEMBLAGE GETS ALMOST $2/sf
Apartment land in Arizona City has been undervalued for a long time. Most lots have ALL infrastructure needed for development, and yet values are generally less than the cost of any ONE utility. So here’s a nice example of values heading to where they should be – MANY dollars per sq ft April 13, 2022 1.52ac […]
LAST BIG LOT IN VIP/SONORAN INDUSTRIAL PARK SELLS
With the crush of giant new Industrial plants, it was inevitable that smaller, fully-serviced industrial lots would become scarce. The VIP and SONORAN INDUSTRIAL parks tick all the boxes: already subdivided into smaller lots, with all infrastructure and even some rail, appropriate zoning, and on the industrial side of town, ESPECIALLY WITH THE DIFFICULTY OF […]
LOOKS KINDA CHEAP, LIKE SOMEBODY GOT A GREAT DEAL
Maybe there’s some unknown reason this 36ac sold so cheap … April 6, 2022 35.55ac $111,472 or $3,136/ac cash Buyer intent unknown
$100k FOR TRACT HOME LOTS IN COOLIDGE? YUP
March 25, 2022 69 lots at CROSS CREEK RANCH $6,955,200 or $100,800 per lot Buyer RICHMOND AMERICAN Level of improvement of lots unknown, but they better be fully improved (or close to it) for that price We are in awe of Kevin Petersen (Seller)
**NEW LISTING – SOUTH ELOY ACREAGE – 833ac
SUPER large package of rural acreage, perfect for buyers seeking the solitude and beauty of the south Eloy area. Poised north of the Greene Reservoir Wash, these parcels have views to forever of the Sawtooth Mountains and the Silverbells. Sunland Gin Rd is paved all the way from Arizona City down to Silverbell Estates, and […]
ABSOLUTE HOMES (JIM SUOR) BUYS 25 MORE ARROYO VERDE LOTS FROM KEVIN PETERSEN
March 9, 2022 $3,000,000 or $120,000 per lot Problem is, with the AOPV the way it is written, “Seller Carryback” is checked, but the down payment shows the same amount ($3,000,000) as the purchase price A certain Title Co in town with a longtime relationship with this buyer prepared this, so who knows what the […]
**NEW LISTING: RARE 2.5ac MULTI-FAMILY LOT IN HOT CASA GRANDE OPPORTUNITY ZONE
What an opportunity to develop new housing for the city city’s burgeoning work force! This parcel site in an Opportunity Zone on the “industrialindustrial” side of town, within easy driving distance of thousands of new employees. With all utilities at or near the property, sandwiched between two city streets for easy access, this parcel should […]
ELOY “SPEC” LAND
Not a lot happening in true speculative land buys lately in this part of the County. This one – although NOT a corner – is nicely situated and probably a pretty good buy @ $7,599/ac. Feb 16, 2022 42.61ac E of NEC 11 MIle Corner Rd and Hanna NOT the corner Between Eloy Muni Airport […]
273ac mol in Second Gladden Farms sale
3 parcels, includinig 1 farm structure (house?) $14,500,000 $53,500/ac or $1.23/sf Same buyer as 2022-013887; Intent unknown
320ac HWY 287 East of Promenade closes
Feb 3, 2022 $14,500,000 $45,000/ac approx Buyer intention unknown
LATEST WESTSIDE CASA GRANDE INDUSTRIAL LAND SALE
Vernon Barnes et ux to Jing He Science (another semiconductor chemical company) 20.18ac SWC Peters & Burris, adjacent to Tractor Supply for $1,628,795 ($1.85/sf)
180ac SWC STOREY/COTTONWOOD & HACIENDA
January 14, 2022 Closed at $32,000/ac or 73¢ /sf Buyer intent unknown We think that’s a nice piece – south side of Cottonwood/Storey , east of Freeway, north of the Promenade – at a nice price. All it needs is water … and sewer … and zoning … and a freeway interchange …
163ac near ATTESA just closed (Dec 8 2021) at eye-popping $ number
$19,000/ac?! WOW!
CAR DEALER FAMILY STEALS 6+ ac
DATE: February 23 and March 24, 2017 AOPV: 2017-012302, 2017-012303 2017-020827 SELLER: Various BUYER: JONES BROTHERS INVESTMENTS LLC (Thomas Jones, Ronald Jones, Buckeye, AZ) BROKERS: CITY TO CITY (Ken Reycraft) APN: 504-41- (multiple), 501-42- (multiple), 504-09-024-K ADDRESS: NEC Pinal Ave/Silver Reef Rd, Casa Grande SIZE: approx. 6.29ac (Pinal County Assessor; including abandoned rights-of-way) PRICE: $200,000 + $200,000 […]
LOCAL FARMER BUYS NICE 160ac FARM
DATE: March 16, 2016 AOPV: 2016-015490 SELLER: CG-5 LOAN, LLC / Rader Family Trust by Katalin Rader and Garry Samuels (Pleasanton, CA) BUYER: KEELING FAMILY PARTNERSHIP (Casa Grande, AZ) BROKERS: unknown APN: 511-24-003 ADDRESS: S/E/C Selma Hwy & Chui Chu Rd SIZE: 160ac MOL PRICE: $1,440,000 cash COMMENTS: Wow – nice piece but pretty spendy. […]
Interest from big manufacturers fuel economic growth in San Tan Valley, Pinal County
Economic development in Pinal County is on the rise, according to Pinal County Economic Development Manager Tim Kanavel. “We’ve increased quite a bit,” Mr. Kanavel said during a phone interview, “especially with large projects. Remember when Tesla was looking everywhere, including Coolidge? Suddenly Pinal County is on the map.” Continue reading article at
Insider's Club
Lower Pinal County Impact Fees!
The Rose Law Group Reporter says “Lower Pinal County impact fees expected to drive development”. Click here to read the whole story!
Sun Corridor? Bring it.
Does Arizona’s Sun Corridor a Megapolitan make? Check out what Real Estate Daily News has to say here, or check out the original, underlying post on Arizona Builder’s Exchange here. I don’t know about you, but I am sitting here (for about thirty years now) counting my chickens before they’re hatched.
10ac NW Casa Grande Foothills
NEW LISTING: Investment parcel in the foothills northwest of Casa Grande. Wedged between the incredibly beautiful COPPER MOUNTAIN RANCH master planed community, GRANDE VALLEY, the Gila River Indian Community and the Ak-chin Regional Airport (just to the west), land in this area has nowhere to go but up! Access full flyer here.